3 h. ago Only 54% of federal development budget spent in first 11 months of FY25

The Ministry of Planning revealed that only 54% of Pakistan’s federal development budget was spent in the first 11 months of the current fiscal year 2024–25. This figure raises serious concerns about the government’s ability to execute planned projects on time. Between July 2024 and May 2025, the government spent Rs596.61 billion on development projects. […]

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4 h. ago Exporters sound alarm over budget shocks, demand urgent fix from PM

Pakistan’s leading export groups have raised serious concerns over the recent budget changes. They say these changes will damage the country’s $11 billion value-added export sector. The sector includes garments, sports goods, and leather products. It contributes about one-third of national exports and is already under pressure from rising costs. The exporters demanded an urgent […]

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5 h. ago Punjab budget reveals major increases for CM office, governor house, and ministers’ offices

Punjab’s new budget shows significant increases in spending for top government offices. Documents reveal a major rise in funds for the Chief Minister’s Office, Governor House, and provincial ministers. The budget was presented in the Punjab Assembly just a day ago. According to official records, the Chief Minister’s Office budget has increased by Rs. 230 […]

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5 h. ago President calls for targeted relief measures for salaried and underprivileged groups

ISLAMABAD: President Asif Ali Zardari on Tuesday called on the federal government to include effective measures in the upcoming federal budget to alleviate the financial burden on the salaried class, pensioners, laborers, and other underprivileged segments of society. The president emphasized the need for prioritizing the welfare of the common man during a meeting with […]

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7 h. ago Zardari and Shehbaz discuss economy and political climate in key meeting

President Asif Ali Zardari and Prime Minister Shehbaz Sharif met to discuss Pakistan’s current political and economic situation. During the meeting, Shehbaz Sharif briefed the president on his recent visit to the United Arab Emirates and shared key developments. They also exchanged views on the upcoming federal budget. President Zardari stressed the importance of strengthening […]

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8 h. ago Pakistan’s IT exports see first dip in 19 months despite strong annual growth

Pakistan’s IT exports slightly dropped by 1% year-on-year in May 2025, reaching $329 million. This marks the first yearly decline in 19 months. However, exports rose 4% month-on-month, crossing the 12-month average of $314 million. The daily average in May was $16.5 million, higher than April’s $15.9 million. Despite the dip, exports showed steady performance […]

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8 h. ago Balochistan Budget 2025: 10% Salary increase, 7% Pension raise approved

QUETTA – Balochistan government on Tuesday unveiled the Budget for fiscal year 2025-26, announcing major relief for government employees and

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8 h. ago Rs 1,028 billion budget: Balochistan aims for growth with surplus focus

The Balochistan government has announced a record-breaking Rs 1,028 billion budget, the largest in its history. Finance Minister Mir Shuaib Noshirovani presented the budget during a session chaired by Speaker Abdul Khaliq Achakzai. For the first time, the province has introduced a budget that crosses the trillion-rupee mark. Notably, the budget also includes a surplus […]

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9 h. ago Pakistan snooker association faces financial crisis, seeks government support

The Pakistan Billiards and Snooker Association (PBSA) is struggling with a serious financial crisis. It has now appealed to the government for urgent funding. According to PBSA officials, the lack of funds is making it nearly impossible to participate in upcoming international events. They highlighted that the team may miss this month’s Asian Team & […]

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9 h. ago Balochistan unveils Rs1.28 Trillion Budget for Fiscal Year 25

QUETTA – Finance Minister of Balochistan Mir Shoaib Nosherwani is presenting the provincial budget for the fiscal year 2025–26, with

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9 h. ago Muslim nations unite against Israeli strikes, demand immediate ceasefire in Iran conflict

In a powerful joint statement, Pakistan and 19 Muslim-majority countries strongly condemned Israel’s growing military aggression against Iran. The countries called for an immediate ceasefire and urged both sides to return to diplomacy. This joint stance came as tensions escalated since June 13, causing alarm across the region. The statement, released by Pakistan’s Ministry of […]

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9 h. ago Israel appeals for blood donations after Iran’s bombing leaves dozens in critical condition

TEL AVIV – Israel has made an urgent appeal for blood donations on Tuesday morning due to a severe shortage following recent Iranian airstrikes that injured hundreds. The country’s emergency service, Magen David Adom (MDA), specifically requested blood from donors with blood group “O,” calling the situation increasingly critical after another night of bombing. According […]

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11 h. ago KP adviser slams ‘petrol bomb’ in federal budget, calls it anti

PESHAWAR – Khyber Pakhtunkhwa’s Adviser on Information, Barrister Muhammad Ali Saif, on Tuesday sharply criticized the federal and Punjab governments for raising petroleum prices ahead of the new fiscal year. He claimed the increase would trigger a fresh wave of inflation, burdening the public even before the financial year begins. Saif strongly condemned the federal […]

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11 h. ago Pakistan’s current account records $103 million deficit in may despite strong yearly surplus

Pakistan’s current account posted a deficit of $103 million in May 2025, reversing the $47 million surplus seen in April, according to data released by the State Bank of Pakistan (SBP) on Tuesday. This change mainly resulted from a rise in imports and a drop in exports. However, compared to May 2024, the current account […]

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12 h. ago 39 government departments exceed budget limits, energy and defense lead

ISLAMABAD – At least 39 federal departments in Pakistan have overspent their allocated budgets for the current fiscal year, with the energy and defense sectors emerging as the top contributors to the excess. Meanwhile, dozens of other departments failed to utilize their full funds. According to official budget documents, the energy sector overspent by Rs129.5 […]

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28 h. ago Asad Umar criticizes budget, urges all parties to unite for a way forward

ISLAMABAD: Former federal finance minister Asad Umar expressed deep concerns over the current political and economic situation in Pakistan, urging all political parties to unite and find a way forward to resolve the ongoing political crisis. Speaking to the media on Monday, Umar emphasized that the country is caught in a dangerous political quagmire, and […]

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28 h. ago Suzuki Alto VXL to cost Rs33.24Lac after new proposed Taxes in Budget 2025

ISLAMABAD – Suzuki Alto, one of cheapest cars in Pakistan, gets more expensive as the government imposes New Levy and

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28 h. ago PTI seeks PPP support for budget walkout in parliamentary meeting

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has formally reached out to the Pakistan Peoples Party (PPP) for support in boycotting the upcoming federal budget vote. The two parties held a key meeting at Parliament House on Monday, where PTI leader and former National Assembly Speaker Asad Qaiser met with PPP’s Raja Pervaiz Ashraf, also a former speaker, […]

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31 h. ago Sindh budget sparks criticism over big deficit and Karachi neglect

The Policy Research and Advisory Council (PRAC) has raised strong concerns about the Sindh government’s new budget for 2025–26. The council criticized the budget for increasing the fiscal deficit, cutting support to local governments, and neglecting Karachi’s development needs. This year’s budget shows a deficit of Rs38.5 billion, compared to a balanced budget last year. […]

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32 h. ago Punjab announces 10% salary hike, 5% pension increase in ‘people

LAHORE – The Punjab government has announced a 10% increase in salaries and a 5% rise in pensions for government employees under the 2025–26 provincial budget, which officials describe as “people-friendly” and focused on development. Punjab Finance Minister Mujtaba Shuja ur Rehman shared the details during his budget speech at the Punjab Assembly on Monday. […]

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